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Thursday, March 28, 2024 | Back issues
Courthouse News Service Courthouse News Service

Safeway-Albertson’s|Merger & Sale Challenged

OAKLAND, Calif. - Safeway and Albertson's will merge and sell themselves too cheaply through an unfair process to Cerberus Capital, in a $7.5 billion deal that values Safeway shares at only $32.50, shareholders claim in Alameda County Court.

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